Immigrants from Serbia vs Armenian Per Capita Income

The statistical analysis conducted on geographies consisting of 131,748,543 people shows a slight negative correlation between the proportion of Immigrants from Serbia and per capita income in the United States with a correlation coefficient (R) of -0.073 and weighted average of $50,810. Similarly, the statistical analysis conducted on geographies consisting of 310,965,464 people shows a mild negative correlation between the proportion of Armenians and per capita income in the United States with a correlation coefficient (R) of -0.300 and weighted average of $48,287, a difference of 5.2%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Serbia	Armenian
Minimum	$22,149	$23,281
Maximum	$96,565	$80,691
Range	$74,416	$57,410
Mean	$51,095	$48,045
Median	$50,532	$48,616
Interquartile 25% (IQ1)	$43,814	$39,345
Interquartile 75% (IQ3)	$59,208	$55,100
Interquartile Range (IQR)	$15,394	$15,755
Standard Deviation (Sample)	$15,421	$11,238
Standard Deviation (Population)	$15,324	$11,138

Similar Demographics by Per Capita Income

Demographics Similar to Immigrants from Serbia by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Serbia are Bulgarian ($50,906, a difference of 0.19%), Immigrants from Latvia ($50,914, a difference of 0.21%), Immigrants from Spain ($50,933, a difference of 0.24%), Immigrants from Europe ($50,950, a difference of 0.28%), and New Zealander ($50,575, a difference of 0.46%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| South Africa	100.0 /100 \| #41	Exceptional $51,465
Immigrants \| Turkey	100.0 /100 \| #42	Exceptional $51,368
Immigrants \| Lithuania	100.0 /100 \| #43	Exceptional $51,361
Immigrants \| Europe	100.0 /100 \| #44	Exceptional $50,950
Immigrants \| Spain	100.0 /100 \| #45	Exceptional $50,933
Immigrants \| Latvia	100.0 /100 \| #46	Exceptional $50,914
Bulgarians	100.0 /100 \| #47	Exceptional $50,906
Immigrants \| Serbia	100.0 /100 \| #48	Exceptional $50,810
New Zealanders	100.0 /100 \| #49	Exceptional $50,575
Immigrants \| Sri Lanka	100.0 /100 \| #50	Exceptional $50,555
Immigrants \| Netherlands	100.0 /100 \| #51	Exceptional $50,458
Immigrants \| Croatia	99.9 /100 \| #52	Exceptional $50,417
Paraguayans	99.9 /100 \| #53	Exceptional $50,385
Immigrants \| Belarus	99.9 /100 \| #54	Exceptional $50,303
Immigrants \| Western Europe	99.9 /100 \| #55	Exceptional $50,065

Demographics Similar to Armenians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Armenians are Egyptian ($48,358, a difference of 0.15%), Immigrants from Indonesia ($48,195, a difference of 0.19%), Immigrants from Brazil ($48,164, a difference of 0.26%), Immigrants from Ukraine ($48,134, a difference of 0.32%), and Romanian ($48,445, a difference of 0.33%).

Demographics	Rating \| Rank	Per Capita Income
Mongolians	99.8 /100 \| #74	Exceptional $49,173
Immigrants \| Bolivia	99.7 /100 \| #75	Exceptional $48,970
Immigrants \| England	99.7 /100 \| #76	Exceptional $48,844
Immigrants \| Kazakhstan	99.7 /100 \| #77	Exceptional $48,747
Immigrants \| Italy	99.6 /100 \| #78	Exceptional $48,654
Romanians	99.5 /100 \| #79	Exceptional $48,445
Egyptians	99.5 /100 \| #80	Exceptional $48,358
Armenians	99.4 /100 \| #81	Exceptional $48,287
Immigrants \| Indonesia	99.4 /100 \| #82	Exceptional $48,195
Immigrants \| Brazil	99.4 /100 \| #83	Exceptional $48,164
Immigrants \| Ukraine	99.3 /100 \| #84	Exceptional $48,134
Austrians	99.3 /100 \| #85	Exceptional $48,116
Immigrants \| Southern Europe	99.3 /100 \| #86	Exceptional $48,027
Ukrainians	99.3 /100 \| #87	Exceptional $48,014
Croatians	99.0 /100 \| #88	Exceptional $47,742

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| South Africa	100.0 /100 \| #41	Exceptional $51,465
Immigrants \| Turkey	100.0 /100 \| #42	Exceptional $51,368
Immigrants \| Lithuania	100.0 /100 \| #43	Exceptional $51,361
Immigrants \| Europe	100.0 /100 \| #44	Exceptional $50,950
Immigrants \| Spain	100.0 /100 \| #45	Exceptional $50,933
Immigrants \| Latvia	100.0 /100 \| #46	Exceptional $50,914
Bulgarians	100.0 /100 \| #47	Exceptional $50,906
Immigrants \| Serbia	100.0 /100 \| #48	Exceptional $50,810
New Zealanders	100.0 /100 \| #49	Exceptional $50,575
Immigrants \| Sri Lanka	100.0 /100 \| #50	Exceptional $50,555
Immigrants \| Netherlands	100.0 /100 \| #51	Exceptional $50,458
Immigrants \| Croatia	99.9 /100 \| #52	Exceptional $50,417
Paraguayans	99.9 /100 \| #53	Exceptional $50,385
Immigrants \| Belarus	99.9 /100 \| #54	Exceptional $50,303
Immigrants \| Western Europe	99.9 /100 \| #55	Exceptional $50,065